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August 2, 2000
THE LAZARD FUNDS, INC.
Lazard Strategic Yield Portfolio
Supplement to Prospectus
Dated May 1, 2000
The following supersedes the information contained in the Supplement dated July
31, 2000 to the Fund's Prospectus with respect to the Lazard Strategic Yield
Portfolio.
Management has determined that the Lazard Strategic Yield Portfolio will not
make the distribution reflected in the July 31, 2000 Prospectus Supplement.
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